100% Dividend Recommended: Specialty Chemicals Co Declares 5.62% Jump In Net Profit

Small cap company from the specialty chemicals industry, Bhansali Engineering Polymers Ltd today announced a jump of 5.62% in its net profit for the quarter ended June 30, 2024 to Rs Rs 53.35 crore as compared to Rs 50.51 crore declared in the corresponding quarter of last year. Last trading price of Bhansali Engineering Polymers share on BSE is Rs 143.60 per share with intraday fall of 4.52%. Bhansali Engineering Polymers shares zoomed 42% in last 30-days.

The company has a market capitalisation of Rs 3573.61 crore. Bhansali Engineering Polymers announced its sales jumped 15.48% to Rs 340.06 crore for the quarter ended June 30, 2024 as compared to Rs 294.48 crore announced in the corresponding quarter of last year. Check details below:

Bhansali Engineering Polymers Recommends Dividend: According to the BSE filing issued as on July 13, 2024, "declared 1s1 Interim Dividend ofRe.1 / - (100 %) per Equity Share (of the face value of Re.1 each) for financial year 2024-25, subject to deduction of tax at source."

Bhansali Engineering Polymers Sets Record Date For Dividend: As per the regulatory filing of the company issued as on July 13, 2024, "fixed Thursday, the 25th J uly, 2024 as the Record date for determining entitlements of shareholders to receive 151 Interim Dividend for financial year 2024-25. The 1st Interim Dividend will be paid on or before 02°d August, 2024."

Bhansali Engineering Polymers Share Performance: The 52-week high price of Bhansali Engineering share on BSE is Rs 164.50 apiece (as on 08/07/2024) and 52-week low price is Rs 81.72 apiece (as on 13/03/2024), respectively. Bhansali Engineering shares offered attractive return of 42% in last 1-month, gained 38% in last 3-monts, rose 46% in last 1-year and zoomed 86% in last 2-years. In last 5-years, Bhansali Engineering Polymers shares surged 230%.

Bhansali Engineering About: It has pioneered in manufacturing international quality acrylonitrile butadiene styrene (ABS). It was incorporated in 1984. Bhansali Engineering's products include ABS, Polycarbonate-ABS (PC-ABS), and Specialties. PC-ABS blends of Bhansali Engineering are used in automotive and electronic applications.

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